Not making enough on Steemit quite yet? If you have seen the website Fiverr.com, you might be a bit taken aback by how many people are willing to do so many things for a measly five bucks. In fact, it’s less – it’s only $4 after Fiverr.com takes their 25% commission. So why would anyone do anything for less than the cost of a McDonald’s Super Value Meal, or a Starbucks double-shot latte?
The key to Fiverr.com is obviously in taking orders by the volume. Therefore, it would make sense that whatever effort a producer puts into his or her work is kept at a minimum. It also means a lot of hard work, but if you work at a 9-5 job, then 8 hours of doing stuff for fun shouldn’t be that much of a stretch. For Stay-at-Home Moms, Fiverr is heaven-sent, and will supplement your Steemit writing. It will also provide you work when you have writer's block or just need a change of screen focus.
What can a person do inon Fiverr? A LOT! That is, if you are creative in your gig design, and that’s the key to Fiverr … it’s all in the design of your gigs. You have to be able to provide something creative that fulfills things that others can’t do for themselves. Those are:
- The buyers should be unable to perform the service or create the products themselves.
- The buyers should gain something very useful as a result of purchasing your gig.
- The buyers should receive delivery of the product within a day or two.
- The buyers should walk away feeling like they gained much more than the $5 that they paid for the service or product.
When you fulfill all four of these requirements, you will begin to see orders coming in. But it doesn’t stop there. Although these requirements cater to the customer, success in Fiverr depends on quantity as well as quality. The requirements for producing on Fiverr are:
- Your gig should not take more than 10 minutes to complete from start to finish, unless it requires customer pre-approval. The 10 minutes are only concerning actual product creation or service providing, not communication time.
- Your gig should not be so unique that only one or two people will order the gig. An example is if you only have 2 Italian postcards and your gig is sending someone an Italian postcard.
- Your gig must not be so unique but uncreative that nobody orders it.
- THE BIG ONE: You must create a long list of gigs and add or subtract them as necessary depending on the time you have allotted to work. Not all gigs will have daily orders, but a list of 20 gigs will most assuredly will.
So why is Fiver better than Amazon FBA? Amazon FBA requires many more steps in the process to create an order. The acquisition of product, whether by attending library book sales or buying overstock lots of DVD’s on Amazon, requires time and investment above the revenue gained by the sale of the book… don’t get me started on cleaning books or CD’s!!! The average profit I’ve calculated from my Amazon FBA Account per item, whether it’s a book, DVD, CD, toy or other household good, comes out to about $4, not including gas costs and the cost to purchase product. In the end, the $4 I make on Fiverr has a larger profit margin than the $4 on Amazon FBA. And I never have to leave my home. I can see the potential for Fiverr's use, and having a full-time job, the convenience of completing a 10-minute job during a break or after work is amazing. And, besides, it’s kinda fun to help people with their little desires.
Ever heard of a death by a thousand cuts? This is the opposite… its making some extra money by a thousand little good deeds, where your creativity and discipline will bring it to fruition. Have fun with Fiverr and try it out! Your day will be much more fun and fruitful!